Property Description

Six Units For Sale. Rare cash flow opportunity with two 3-family buildings in a prime Waynesville location. 7777 and 7783 are being offered together, providing a unique investment opportunity with strong cash flow & income potential. Both buildings have been well maintained, featuring roof replacements in 2010 and 2016, new windows installed approximately 15 years ago, ceiling electric heat in every room, and original wood floors.7783 is a 3-family brick building of approximately 2,106 square feet with six bedrooms and three baths. 7777 is a 3-family brick building of approximately 2,656 square feet, with an owner’s unit offering additional living space, a family room, attached garage, and full basement under the added room. This combined listing provides flexibility for an owner-occupant, investor, or buyer seeking a substantial residential holding. WOW (Springboro School District Strong Reputation) "Total price for both buildings combined".

7785 State Route 48 | MLS# 954984

This multi-family property located at 7785 State Route 48, Clearcreek Township, OH 45068 is currently listed for sale with an asking price of $850,000. State Route 48 is located within the Springboro school district. Search Clearcreek Township real estate on 906e18thavenue.cutlerhomes.com today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Window Unit

Heating: Electric

Lot Size: 0.65 Acres

Taxes: $3,310

Year Built: 1964

Feature Descriptions

Appliance Features: Range, Refrigerator

Basement Features: Crawl Space

Exterior: Brick

Lot Dimensions: .65 AC

Outside Features: Patio, Porch

Utilities: 220 Volt Outlet, Septic

Local Schools

School District: Springboro

Demographics

Warren County Demographic Information for 7785 State Route 48, Clearcreek Township, OH 45068

Fips

Fips Code 39165

Population

2020 to 2023 Change up 4.0%

2010 Count 212,693

2020 Count 242,337

2023 Estimate (V2023) 252,148

2020 Estimate (V2023) 242,346

Age Distribution (Years Old)

0 to 4 5.5%

5 to 17 23.5%

18 to 64 55.2%

65 and Older 15.8%

Gender

Male 50.7%

Female 49.3%

Place of Birth

Foreign 8.0%

US 92.0%

Education

High School Graduate, Age 25+ 94.8%

Bachelor's Degree or Higher, Age 25+ 44.7%

Computer and Internet use

Households with a computer 97.0%

Households with a broadband Internet subscription 94.0%

Language

English is Second Language, Age 5+ 9.3%

English is First Language, Age 5+ 90.7%

Veterans

Veterans 12,301

Income

Per Capita Income $49,360

Median Household Income $103,128

People in Poverty 5.5%

Commute

Average Work Commute Time 26 minutes

Housing

Total Housing Units 96,489

Households 88,735

Average Household Size 2.66

Owner-Occupied 78.9%

Multi-Family 15.5%

Owner-Occupied Median Value $290,900

Median selected monthly owner costs -with a mortgage $1,857

Median selected monthly owner costs -without a mortgage $671

Median gross rent $1,254

Building Permits

New Private Housing Issued 2023 722

Years at Residence

1 Year or More 87.9%

Less Than 1 Year 12.1%

Business and Employment

Private non-farm Establishments 4,547

Private non-farm Employment 80,085

Private non-farm Employment Growth up 1.2%

Nonemployer Establishments 20,256

Number of Firms 16,128

Business Production

Value of Shipments $4,514,123,000

Wholesale Trade $3,800,320,000

Retail Trade $2,934,129,000

Retail Sales Per Capita $13,461

Accommodation and Food Services $463,168,000

Land

Land Area 401.31 sq. miles

Population Per Square Mile 530

Source: US Census Bureau

Estimate Your Payment

Estimated Payment

$ 4,670.90 per month $4,147.15 Principal & Interest $275.83 Property Tax $247.92 Homeowner's Insurance

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7785 State Route 48Clearcreek Twp, OH 45068